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Renovated Office Suites
For Lease
$26 SF/Yr NNN

302-42 Nw 27th Ave, Miami, FL 33125

Newly renovated third-floor office space is available with utilities included and plentiful ground-level parking.

Space SizeContact for details
Days on Market355

Property Features for 302-42 Nw 27th Ave

General Information

Standard status Active
Lease Type NNN

Taxes and HOA fees

Annual Taxes $86,143
Listing Agency: Synergy Realty Advisors
Listed By: Andros G. Sarduy · License #A12052768
Source: Exprealty
Added: Oct 2, 2025 Changed: Sep 18 Last Checked: Sep 20 at 4:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Synergy Realty Advisors

Investment Insights

Based on property information with market context.

Newly renovated office space for lease in the Del Toro Insurance building, with new flooring, new AC, and new baseboards. Suites are located on the third floor, and the space can be leased in its entirety for a total of 11,630 SF or as a contiguous 7,978 SF option, with both configurations on the same side of the building.

The property is located at 42 NW 27th Ave in the City of Miami, and parking is available on the ground level of the building.

Utilities are included. The listing also notes estimated NNN costs and that the landlord will provide some rent abatement for buildout.

Key Highlights

  • Newly renovated third‑floor office space in the Del Toro Insurance building at 42 NW 27th Ave, City of Miami
  • 11,630 total available SF; 7,978 SF contiguous, and the full 11,630 SF can be leased on the same side of the building
  • Utilities included

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Acupuncture Butcher (Bike/Boat/Book/etc) Store Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,910
Businesses Nearby

Demographics for 33125, FL

53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value

Market

Lease Benchmarks for Miami, FL

$37.34 /SF/Yr
Avg Asking Price
$1.12–$163 /SF/Yr
Price Range
21,543 SF
Avg Space Size

This space is priced 30% below the average of $37.34 /SF/Yr.

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Newly renovated third-floor office space is available with utilities included and plentiful ground-level parking.
Where is this office units located?
The property is located at 302-42 Nw 27th Ave Miami, FL.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Newly renovated third‑floor office space in the Del Toro Insurance building at 42 NW 27th Ave, City of Miami; 11,630 total available SF; 7,978 SF contiguous, and the full 11,630 SF can be leased on the same side of the building; Utilities included
More about this property
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